JCT 18 Federal

Oil & Gas Property in Lea County, NM

Property Summary

Key data points for JCT 18 Federal

CountyLea County, NM
OperatorHARVARD PETROLEUM COMPANY, LLC
Production DatesFeb 2007 - Feb 2024
Total Oil Production283,923 BBLs
Total Gas Production36 MCF
Recent Oil Production719 BBLs in Feb 2024
Recent Gas Production6 MCF in Feb 2024
Wells on Property1

Our Valuation Estimates for JCT 18 Federal

ShaleAssessment

$35,786 *

MarketMultiple

$105,597 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

JCT 18 Federal Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for JCT 18 Federal
from Feb 2007 to Feb 2024

Wells on JCT 18 Federal

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
30-025-38178JCT 18 FEDERAL 001HARVARD PETROLEUM COMPANY, LLCActiveLea County, NM33.540058-103.090485

Leases included in JCT 18 Federal

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
334548JCT 18 FEDERALHARVARD PETROLEUM COMPANY, LLCLea County, NM

Nearby Properties

These are the closest 20 properties to the JCT 18 Federal property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AinsworthCochran County, TX0 BBLs0 MCFAug 2023
Allied 93Lea County, NM0 BBLs0 MCFJun 2019
ArcoLea County, NM8 BBLs0 MCFFeb 2024
Bell B FederalLea County, NM0 BBLs0 MCFJun 2019
BilbreyLea County, NM0 BBLs0 MCFApr 2020
BrownLea County, NM0 BBLs0 MCFSep 2023
BuckshotCochran County, TX165 BBLs0 MCFJan 2024
Cox FederalLea County, NM55 BBLs0 MCFFeb 2024
FederalLea County, NM48 BBLs0 MCFFeb 2024
FederalRoosevelt County, NM0 BBLs0 MCFFeb 2022
Great WesternLea County, NM0 BBLs0 MCFJan 2024
Gulf FederalLea County, NM0 BBLs0 MCFJan 2024
LandrethCochran County, TX298 BBLs0 MCFJan 2024
Mallory-SherrillCochran County, TX0 BBLs0 MCFAug 2023
McDermott FederalLea County, NM0 BBLs0 MCFJan 2024
ParkerCochran County, TX0 BBLs0 MCFAug 2023
SFPRRLea County, NM170 BBLs0 MCFFeb 2024
Sinclair FederalLea County, NM0 BBLs0 MCFJan 2001
State 16Lea County, NM0 BBLs0 MCFJul 2016
U S M 00Lea County, NM71 BBLs0 MCFFeb 2024